35+ FREE Inventory List Templates in Excel

A handy collection of some free inventory list templates in excel is available right here on this page. In this article, you will get to know what actually an inventory list is, what is its purpose, what are its benefits, and how to make a perfect inventory list.

What is an Inventory List?

To put it simply, an inventory list is a record or list of all the inventory items that a person, a business, or an organization currently has at its disposal. It is always a good practice to stay organized in your personal as well as professional lives. In a business or at home, it is always important that you stay updated on the inventory items in your possession.

The inventory list is also known sometimes as an inventory sheet, stock sheet, or stock list. Maintaining a properly updated record of inventory items that are in your possession is crucial to any business. If you don’t have a track of your inventory at a certain date and you don’t know what is its total cost, it might create a lot of trouble for you.

Purposes or Objectives of an Inventory List

An inventory list is an important record of any business setting. The details and information in an inventory list help you analyze your current situation. Following are some of the main purposes or objectives of an inventory list:

• Maintaining the balance of supply and demand.
• Managing the current stocks and their updated records in an organized way.
• Preventing any future issues or confusion related to the inventory.
• Helps the management to operate smoothly.

Sample Inventory List Templates

Medical Inventory List Template

Household Inventory Checklist Template

First Aid Inventory List Template in WORD

Sample Home Inventory List Template

Free Printable Inventory List Template

Home Inventory Contents List Example

Equipment Inventory List Example

Grocery Inventory List Template

Fillable Office Supplies Inventory List in DOC Format

Stock Inventory Excel Sheet

Business Inventory List Template

Online Clothing Inventory List Template

Benefits of Using an Inventory List

An inventory list is an easy-to-make simply document that can save the businesses from future losses. Almost every type of business, regardless of its size or nature of its operations, use inventory lists. It is one of the most effective tools to let you know and analyze your current position or standing.

Besides using in different businesses, an inventory list can also be used for different personal purposes. For example, one can make a simple home contents inventory list or a kitchen inventory list to keep an up-to-date inventory record of personal belongings.

Creating such a document can always prove to be of great help when it comes to effective management. Following are some of the benefits of using an inventory list:

• An inventory list is one of the best tools to stay organized whether it be used in a business or personal setting.
• With an inventory list or a stock list, you can always have a check on your current stocks.
• The inventory can be handled and managed quite smoothly with the help of an inventory list.
• It helps you maintain a good balance between your different inventory items. For example, if you have different types of stocks, an inventory list will enable you to keep a proper balance between them. It also helps you to avoid ordering too much for a particular stock.
• An inventory list can be used as a tool to manage and cross-check or cross-verify the products and orders.
• Using a free suitable and easily editable inventory list template, like the ones that are available here on this page, can save a lot of your time and effort.
• A properly prepared inventory list also protects your investment and saves you money.
• On the basis of the inventory records and stock reports provided by the inventory lists, the management can make effective plans for the future. It also enables them to take important decisions on a timely basis.
• An inventory list is also effective in locating your inventory items with ease.
• Especially for a business, it is important to keep a high turnover inventory ratio. A properly prepared inventory list can help you achieve that task with ease.
• An inventory list is effective in managing the reordering.

Best Inventory List Templates

Salon Inventory List Excel Template

Moving Inventory List Example

Home Contents Inventory List Sample

Simple Inventory List Word Template

Inventory List Sample Excel Sheet

Example Housekeeping Inventory List Template

Restaurant’s Inventory List Template in MS EXCEL

Simple Inventory List Example

Free Editable Gym Inventory List Excel Spreadsheet

Sample Equipment Inventory List Template

Vehicle Inventory List Template in XLSX Format

Free Editable Inventory List Spreadsheet

How to Create an Effective Inventory List?

An effective inventory list can be created by using the inventory list templates in excel that are available here on this page. You can simply download an inventory list format of your choice and edit its contents to use it for your own purposes.

However, if you want to create your own inventory list in the Microsoft Excel program completely from scratch, we have got some useful tips for you below. But before that, let’s see what are some key elements that you must keep in mind while preparing an inventory list.

Elements of an Inventory list

Following are some of the key elements of almost every type of an inventory list:

• Details of the locations where you keep your inventory items.
• Correct units of measurements for each type of inventory item.
• Unique but brief descriptions of each and every inventory item.
• Per unit price and total costs of every inventory item.
• Details of the opening stock, purchases, and closing stock.
• Details of the suppliers or vendors, however, it is optional.

How to Create an Inventory list in Excel?

As mentioned earlier, it is always important to include the above-mentioned elements in your inventory list. If you want to create an inventory list in excel, make sure to keep in mind the following steps:

• Launch the Microsoft Excel program and open a blank worksheet.
• At the start create a header for your inventory list and add a title. Your title will indicate what type of inventory list you are creating, for example, a lab equipment inventory list, home inventory list, product inventory list, etc.
• Add the period for which you are creating your inventory list. A daily, weekly, biweekly, monthly, quarterly, semi-annual, or annual inventory list can be created depending upon your requirements.
• Make sure to format and design your inventory list in such a way that it is easily readable and understandable for everyone. For that, adjust the length and width of rows and columns as required.
• Continue formatting and adding your details to the blank worksheet as per your requirements.
• Keep your inventory list up to date so as to maintain a smooth track of the inventory.
• Once you are done, save your document. Whenever you need to create another type of inventory list, you can simply open this file, edit its contents as per the situation, and then save it separately under a different file name.
• Make sure to consolidate your data on regular basis.
• Always review the inventory list for any mistakes or errors. Make sure to rectify or correct any such errors or mistakes right away.

More Inventory List Templates

Company’s Inventory List Template in MS WORD

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Detailed Monthly Inventory List Excel Sheet

Simple Inventory List Template in XLSX Format

Corporate Inventory List Sample

Blank Inventory List Template

Latest IT Inventory List Template

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Handy Inventory List Template Free Printable

Sample Home Contents Inventory List Example

Office Supply Inventory List Template